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20130712
20130712
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of environment for the investment is also one of our national priorities. currently, the climate for investment according to international ratings isn't among the top 20, i would say, but i wish we have a chance to get in the same kind of format in five years. i bet we will be in the 20. we are working hard on creating conditions in russia that would be considered by other outside investors as good as in 20 best countries in the world. but even today i think our investment climate is very much underrated, and we are doing much better than some of late. at the same time, also when it comes to russian economy we have enjoyed previous -- [inaudible] fiscal environment. we have accumulated significant reserves. we have two funds, one sovereign fund which is about 40 -- $84 billion and another reserve fund that is another $80-miss -- $80-plus billion. and the national reserves are 500 plus billion dollars as well. we are almost debt-free country because our external debt is no more than 2.5% and including internal debt is around 10, 11%. if you compare it with the g8 countries and with the country t
areas with different faiths have been incubating environments for groups who have an extremist ideology. it was a plan. weapons were brought in a long time ago. it was all planned. the lads here had been preparing in case the village was attacked. >> narrator: in may last year, as violence spread across syria, fighting finally broke out between the alawites of aziziya and their sunni neighbors. >> (translated): we were with some young men, not many of us. the attackers were in the hundreds, about 700 gunmen. >> narrator: mohammed mahmoud is part of an alawite militia that protects the village. >> (translated): as the attack intensified and the number of the terrorists increased, we retreated. so they came in here and burned everything. you can see the fire damage. >> narrator: he's convinced that his sunni neighbors have been infiltrated by terrorists with extreme religious beliefs. >> (translated): they are planning to wipe us out. they don't even think of us as humans. in their books they call our sect the "akbiya." the "akbiya" are insects that should live underground. we cannot surr
advances in economic thinking and in changing policy environment. notably following the ideas of a large and others the fomc has moved to the framework that ties policy settings more directly to the economic outlook, so-called forecast approach. in particular the fomc has released more detailed statement following its meetings that have relayed the outlook for policy to prospective economic developments and has introduced regular summaries of the individual economic projections of fomc participants, including for the target federal funds rate. the provision of additional information about policy plans as health policymakers deal with the constrained posed by the lower bound o on the short-term interest rate. in particular by offering guidance about a policy will respond to economic development, the committee has been able to increase policy accommodation, even when the short-term interest rate is near zero and cannot be meaningfully reduced further. the committee has also sought to influence interest rates further out on the yield curve, notably through its securities. other central bank
the internal mcleary environment in russia. as i said at the outset i agree with you as well that wherever we can as we try to do we have to try to work with russian our common interests and we have had success in that regard particularly on foreign-policy issues that we share. with regard to our support for democratic change and reform for those speaking out for a pluralistic society we have to despise the environment continue to work with the russians who are willing to work with us. we are not able to support them as fully and we still need to make support available in other ways and i will if confirmed he eager to work with all of you on the committee to look for more ways to do that. in addition we have to speak out as you said and as i said in my opening when we disagree and we have to work more intensively and more cohesively with our european allies and partners because when we speak together our concerns are even stronger. see let me ask you one question about the trade agreement. how worried are you about the ability of europe to be on -- we have seen over the past week france seems
Search Results 0 to 3 of about 4

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